Bank of America $100 Bonus Review

Available nationwide, Bank of America is $100 bonus with a new checking account with offer code BAW100N valid through 12/31/2016. To earn the $100 bonus, you must set up and receive qualifying Direct Deposits into the new checking account totaling at least $2000 each every 30 days from account opening date for 90 days. Basically you must have three straight direct deposits for 3 months. Bank of America’s checking account comes with free online banking, online bill pay, payment reminders, debit card with $0 Liability Guarantee, Keep the Change savings program, and much more. You can also earn a $250 Bonus with  Chase Total Checking + Savings.

How To Earn Bank of America $100 Bonus:

1. Opening a qualifying new Bank of America’s personal checking account(Core Checking or Interest Checking) with offer code BAW100N by 12/31/2016.
2. Then Set up and receive qualifying Direct Deposits of at least $2,000 for 3 consecutive months.
3. Bank of American will deposit $100 bonus within 90 days of meeting the requirements.

Bank of America Promotion Summary:

• Direct Bonus Link
  
• Account Type: Core Checking or Interest Checking
• Maximum Bonus: $100
• Availability: Nationwide
• Expiration Date: 12/31/2016
• Hard/Soft Pull: Soft Pull via ChexSystems
• Direct Deposit Requirement: Yes, a direct deposit is required for  3 months.
• Additional Requirements: Use promo code BAW100N
• Monthly Fee: There is a $12 monthly fee with Core Checking which can be waived with direct deposits of $250 or an average balance of $1,500 or more. The interest checking has a $25 monthly fee which can be waived with a $10,000 combined balances.  
• Early Termination Fee: None

Fine Print & Bonus Terms:

• Limited-time offer is available only to active employees or current retirees of an enrolled Bank of America at Work® employer.
• You are not eligible for this offer if you were a signer on or owner of a Bank of America personal checking account within the last six (6) months.
• A ‘qualifying Direct Deposit’ is a recurring direct deposit of a paycheck, pension, Social Security or other eligible regular income, electronically deposited by an employer or an outside agency into your new checking account.
• The minimum deposit required to open a Bank of America Core Checking® account is $25. The minimum deposit required to open a Bank of America Interest Checking® account is $100.
• Bank of America may issue an IRS Form 1099 (or other appropriate form) to you that reflects the value of such bonus.
• Each bonus is limited to one per new checking account customer.

Final Analysis:

The promotion is only through Bank at Work program so check with your company to see if you are eligible for the $100 bonus promotion. Being a Bank of America customers also get you free access to museums through the museums on us program. I recommend to open Core Checking since the $12 monthly fee can be easily waived with $1,500 minimum balance. Don’t forget to check our complete list of Bank Bonuses!